by cambridgesourcesites | Apr 3, 2023 | Weekly Economic Update
Banking Crisis Fears Dim; Markets Rally Presented by Happy Valley Financial Services Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names. The Dow Jones Industrial...
by cambridgesourcesites | Mar 27, 2023 | Weekly Economic Update
Mixed Message Provokes Volatility Presented by Happy Valley Financial Services Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones...
by cambridgesourcesites | Mar 20, 2023 | Weekly Economic Update
Markets Cautious After Banking Woes; Awaiting Fed Reaction Presented by Happy Valley Financial Services Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the...
by cambridgesourcesites | Mar 13, 2023 | Weekly Economic Update
Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank was placed into receivership on Friday following a...
by cambridgesourcesites | Mar 6, 2023 | Weekly Economic Update
Fed’s Reassurance Boosts Stocks Presented by Happy Valley Financial Services A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The...
